MakeMyTrip Limited (MMYT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MMYT Revenue Growth
Revenue Breakdown (FY 2025)
MMYT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MMYT Revenue Analysis (2014–2025)
As of May 8, 2026, MakeMyTrip Limited (MMYT) generated trailing twelve-month (TTM) revenue of $1.04 billion, reflecting strong growth of +10.6% year-over-year. The most recent quarter (Q3 2026) recorded $295.7 million in revenue, up 28.9% sequentially.
Looking at the longer-term picture, MMYT's 5-year compound annual growth rate (CAGR) stands at +13.8%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $978.3 million in 2025, representing a new all-time high.
Revenue diversification analysis shows MMYT's business is primarily driven by Hotels And Packages (59%), Air Ticketing (27%), and Bus Ticketing (14%). With over half of revenue concentrated in Hotels And Packages, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including BKNG (+15.0% YoY), EXPE (+10.0% YoY), and TCOM (+17.5% YoY), MMYT has underperformed the peer group in terms of revenue growth. Compare MMYT vs BKNG →
MMYT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MMYTCurrent | $1.0B | +10.6% | +13.8% | 12.3% | |
 BKNG | $26.9B | +15.0% | +31.7% | 34.5% | |
 EXPE | $14.7B | +10.0% | +23.2% | 13.4% | |
 TCOM | $53.3B | +17.5% | +8.4% | 26.6% | |
 TRIP | $1.9B | +2.0% | +25.6% | 4.2% | |
 ABNB | $12.2B | +12.6% | +29.4% | 20.8% |
MMYT Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $978.3M | +25.0% | $704.0M | 72.0% | $119.9M | 12.3% |
| 2024 | $782.5M | +32.0% | $567.4M | 72.5% | $65.2M | 8.3% |
| 2023 | $593.0M | +95.1% | $415.5M | 70.1% | $23.6M | 4.0% |
| 2022 | $303.9M | +86.0% | $245.2M | 80.7% | $-30,366,000 | -10.0% |
| 2021 | $163.4M | -68.0% | $141.1M | 86.4% | $-67,683,000 | -41.4% |
| 2020 | $511.5M | +5.3% | $357.2M | 69.8% | $-429,410,000 | -83.9% |
| 2019 | $486.0M | -28.0% | $312.6M | 64.3% | $-152,940,000 | -31.5% |
| 2018 | $675.3M | +50.9% | $499.4M | 74.0% | $-219,439,000 | -32.5% |
| 2017 | $447.6M | +33.2% | $273.7M | 61.1% | $-135,387,000 | -30.2% |
| 2016 | $336.1M | +12.1% | $169.0M | 50.3% | $-66,827,000 | -19.9% |
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Start ComparisonMMYT — Frequently Asked Questions
Quick answers to the most common questions about buying MMYT stock.
Is MMYT's revenue growth accelerating or slowing?
MMYT maintains +10.6% revenue growth, in line with its 5-year CAGR of +13.8%. TTM revenue stands at $1.0B. Growth rate remains consistent with historical average.
What is MMYT's long-term revenue growth rate?
MakeMyTrip Limited's 5-year revenue CAGR of +13.8% reflects the sustained expansion pattern. Current YoY growth of +10.6% is near this long-term average.
How is MMYT's revenue distributed by segment?
MMYT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.